Tags : Mahmoud El Araby

Banking & Finance Capital Markets Egypt

Contact Financial Holding closes EGP 2bn Sukuk Issuance

Alieldean Weshahi & Partners acted as legal advisor for Contact Financial Holding, a non-bank financial service provider in Egypt, on the closing of an EGP 2 billion (approx. USD 102.5) sukuk issuance, following Financial Regulatory Authority (“FRA”) approval.   The proceeds of the sharia-compliant seven-year tenor mudaraba sukuk will be used to finance the purchase […]